Tag: Anthos Capital

Parallel Systems aims to decarbonize and automate rail freight

Posted by Kevin Jost | Jan 19, 2022 | Autonomy, Business Development, Electrification, Startups, Technology, Vehicles

Founded by former SpaceX engineers, the company just raised $49.55 million in Series A funds to help create autonomous battery-electric rail vehicles to move shipping containers cleaner, faster, safer, and more cost-effectively than traditional trains and trucks.

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